Getting Inclusionary Housing Right

JOIN US VIRTUALLY ON FRIDAY, OCTOBER 24TH 12PM

Cities across Santa Clara County are considering this powerful tool to build more new affordable homes without subsidy.

But done wrong it can fall short, or even stop the development of new homes in its tracks. Learn how it works, and how to get it right!

Many of our local cities are joining forces right now in a shared nexus study, the wonky and in-depth analysis that assesses the feasibility of local residential development and the potential for developers of market-rate housing to add a share of affordable homes to their buildings.

If cities require too few affordable homes or affordability that’s too shallow, they leave public benefits on the table. Too much, and developers can’t build any housing at all.

Come hear about local cities that are getting it right: successfully using inclusionary housing policies to achieve mixed-income communities, generate funding to subsidize deeper levels of affordability, and gain valuable land for affordable homes!

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What Does it Take to Build Housing?

Session 4: How do access to labor and labor costs influence housing production?

We know that housing is unaffordable, with a six-figure income required to afford an average rental apartment in Santa Clara County and a more than $250,000 per year income required to purchase a median-priced home. In 2018, our Lunchtime Forum series dove into the cost of building housing, including the component costs of market-rate and affordable development, the impact of various local government policies on housing prices, and creative solutions and policies. This year, we will take on another key component of the housing production process.

What determines where, when, and how housing actually gets built? Our 2019 Lunchtime Forum series will explore this question. The first session covered where housing gets built, an in-depth discussion of Housing Elements and General Plan process. The second session, delved into the entitlement process, the steps and challenges, as well as possible improvements. The third session considered how we can update zoning to accomodate for different housing types in our existing neighborhods. In this fourth session, our panel will discuss broader labor trends, as well as how labor cost and access to labor impact construction timelines and the number of projects that are completed.

Confirmed Panelists:

Framer: Steve Levy- Center for Continuing Study of the California Economy, Director and Senior Economist

Speaker: Jeffrey Buchanan – Working Partnerships USA, Director of Public Policy

Speaker: Cynthia Parker – Bridge Housing, President and CEO

Speaker: Jan Lindenthal – MidPen Housing, Chief Real Estate Development Officer

Lunch will be provided

When:
November 14th
11:30AM - 1:00PM
Where:
TBD
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